Gold And Copper Deposits Unearthed In Chaghi, Balochistan
NRL Chairman and Lucky Cement CEO Muhammad Ali Tabba made the announcement during his address at the Pakistan Minerals Investment Forum 2025 in the presence of Prime Minister Shehbaz Sharif and Chief of Army Staff General Asim Munir.
It should be noted that NRL is a 100 percent privately owned Pakistani company, which is a subsidiary of Fatima Fertilizer, Liberty Mills Limited and Lucky Cement. The company was granted an exploration license in October 2023.
Muhammad Ali Tabba said that 16 potential deposits have been identified in the last 18 months in the licensed area covering 500 kilometers, out of which advanced drilling has been started at Tangkor.
NRL has so far completed 13 diamond drill holes (3517 metres), all of which have shown mineralisation. The analytical results of the first 6 drill holes (1500 metres) confirm strong mineralisation zones near the surface.
Initial drilling results indicate that the drill holes contain copper of 0.23% to 0.48%, gold of 0.09g/t to 0.14g/t and silver of 1.30g/t to 6.21g/t, representing a combined copper content of 0.28% to 0.56%.
Advance drilling at Tangkor is scheduled for May 2025, leading to the submission of an NI 43-101 technical report by the end of the year by international consultants, who are already overseeing the project. This will be followed by 3-4 years of detailed exploration followed by feasibility studies, while exploration will continue at other locations.
In addition, NRL has also secured a lead-zinc exploration license adjacent to a well-known mineral mine where a bankable feasibility study has been completed. The company is also working on a comprehensive metal value chain study to fully assess the potential for downstream processing.
NRL considers the local population as its most important stakeholders and is actively supporting social development through clean water, education, health, and local employment or business. According to the company, the current ratio of local jobs is over 90 percent.
